Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The penalty was levied in connection with deficiencies and lapses in the operation and maintenance of the currency chest at the Secunderabad branch of SBI, it said. Last month, the RBI had imposed a penalty of Rs 3 crore (Rs 30 million) on SBI for violating know your customer/anti-money laundering norms.
The recent weakness in stock markets has provided an opportunity to buy quality stocks relatively cheaper
With the stock coming under pressure, the MF holding value could have dropped to Rs 50 billion, back-of-the-envelope calculations show.
Experts say the impact on the schemes' NAVs may vary in the coming days, depending upon how fund houses treat the developments on VIL and whether there are any further rating downgrades or credit events.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Investment experts said the key to generating superior returns was "asset allocation" and taking money out of the table from themes that have performed well and into themes that are available at a discount.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Zee and its lenders had decided to enter into an agreement to not offload the pledged shares amid a sharp slide in the prices of the underlying securities during end-Janury. The terms give the lenders a greater say, upside benefit from the proposed strategic sale, more cover and personal guarantee.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'It could tempt investors to pick stocks that are not fundamentally sound.'
Despite uncertain times and market volatility ahead, investors should continue with their disciplined investing via SIPs.
The total AUM rose 40 per cent or Rs 6.3 lakh crore, to Rs 23 lakh crore at the end of November.
Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
In the 52 newly listed companies since 2014, fund managers have a total investment of a mere 2.5 per cent of their assets under management.
Industry body Amfi to hold meeting to decide on road map.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual funds-related queries.
Though the sum was nowhere close to the big-ticket monthly purchases seen during the 2004-2008 bull run, it is significant, as it confirms the reversal of a selling spree that began in September 2013.
General, life insurers with 8 & 10 yrs in biz, respectively, may have to list
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
MF investors may not be able to support markets fall if selling intensifies
In January 2017, the growth in total premium was Rs 13,138 crore, against Rs 10,284 crore in January 2016, a growth of 28 per cent.
Experts say investors should stay patient and stay invested in mutual funds.
To be fair, one year is too short a period to judge the schemes' performance.
'What I would love him to do most is to become a life coach and share his incredible story of struggle, success, and survival,' says marketing guru Sandeep Goyal.
The policymaker said the RBI had not reached the point where specific actions were under consideration.
Ideally, one should opt for a 5 to to 10- year period in an MF scheme or exit when the goal is reached.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Six firms have qualified for managing EPFO funds.
Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
Steep volatility in the markets has made fund managers cautious, awaiting opportunities to deploy the cash.
Investors continue to make losses on investments.
Tata Mutual Fund's 'own a piece of India' offering is suitable for informed investors.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
While the number of international MF schemes is increasing, so is the confusion for investors.
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
Industry players say they have learnt from the bitter experience of 2008 and have far better checks and balances in place to avoid an encore.
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.